India police to charge ex-minister in telecoms graft
Indian police will file charges against a former telecoms minister and other government and corporate officials this week, a government lawyer said on Tuesday, in a multi-billion dollar telecoms corruption case that has shaken government and business.
Asia spices up McCormick profit
McCormick & Co posted a bigger quarterly profit as the top U.S. spicemaker was able to offset high input costs by raising prices, and saw strong demand in Asia and in its domestic market.
Nokia files new case against Apple with ITC
Nokia on Tuesday filed another complaint with the U.S. trade panel alleging that rival Apple infringes its patents in iPhones, iPads and other products.
Amazon beats rivals to music locker service
Amazon.com Inc has beaten rivals Apple Inc and Google Inc by introducing an online music locker service that lets customers play songs they already own on many smartphones and computers.
Consumer confidence slips from 3-year highs
Consumer confidence fell in March a month after hitting a three-year high as expectations about jobs and income growth worsened, according to a private sector report released on Tuesday.
Asia, price rises spice up McCormick profit
McCormick & Co beat profit estimates for the fifth straight quarter, as the top U.S. spicemaker raised prices to offset high raw material and packaging costs, and saw strong demand in Asia and in its domestic market.
Mad Men won’t be back for fifth season until early 2012
While negotiations between AMC and Lionsgate Television and Mad Men creator and executive producer Matt Weiner are still not settled, USA Today is reporting that the hit show's fifth season will not be ready for its summer debut and will be postponed for early 2012.
Plutonium Found In Soil Near Fukushima Nuclear Plant
Tokyo Electric Power Corporation reported finding plutonium in the soil around the damaged Fukushima Daiichi nuclear power plant, giving further indications that one of the reactor cores has been breached.
“Barefoot Contessa” host now wants to meet with cancer victim, may be too late
After the Internet backlash over the last few days, Food Network's Barefoot Contessa host, Ina Garten finally agreed to meet with a 6-year-old leukemia victim.
Wall St gains on tech strength, Home Depot leads Dow
U.S. stocks rose on Tuesday on strength in large-cap tech shares, but continuing global crises kept investors cautious before the quarter's end.
GE's $3.2 billion deal could cap spate of energy moves
General Electric Co reached a $3.2 billion agreement to acquire a French maker of automation systems used in the oil and gas sector, marking GE's latest in a series of deals in the energy industry.
EU aims to phase out conventionally-fuelled cars in cities by 2050
The European Commission has adopted a roadmap of 40 concrete initiatives for the next decade to build a competitive transport sector that increases mobility and cuts emissions. Under EU's ambitious plan, the Commission wants cities cities across Europe to be free of conventionally fuelled cars by 2050.
BP shares hit by manslaughter report, downgrade
Shares in oil major BP fell on Tuesday on a report the company's managers could face manslaughter charges following the Gulf of Mexico oil spill, which could lead to much higher fines over the disaster.
Oil turns positive on Libya, Japan uncertainty
Oil prices turned positive on Tuesday as Gaddafi's troops halted a rebel advance, raising doubts among investors over how quickly the conflict in OPEC member Libya could be resolved.
Cricket World Cup - India and Pakistan clash is not war, it's a Cricket match
Amongst all the talk of war, when India faces Pakistan in the semi-finals of the Cricket World Cup, it would be good to remember that at the end of the day, it is a Cricket match.
Regulators to vote on mortgage securities rules: report
Banks will be forced to keep some risk when they securitize all but the most conservatively written mortgages under rules that regulators are expected to vote on Tuesday, the New York Times reported on Monday.
Obama Backs Libyan Political Pressure to Oust Gaddafi
The International Community is meeting to support Libya's people to find a political transition away from current leader Muammar Gaddafi, a move President Barack Obama backed in a speech Monday as he outlined a support role the U.S. will play while an international coalition carries out military attacks on Libyan defenses to enforce a no-fly zone.
Fed's Bullard: could trim bond buying by $100 billion
St. Louis Federal Reserve chief James Bullard urged the U.S. central bank on Tuesday to begin reversing its campaign of monetary easing, saying it could trim its $600 billion bond-buying program by $100 billion.
Amazon to offer service for remote access to music
Amazon.com Inc is introducing an online service to allow customers to store their music files remotely and access them through their smartphones and computers in a move aimed at drawing music buyers from rivals such as Apple Inc's iTunes.
Wall St flat on global caution before quarter-end
U.S. stocks were little changed in choppy trading on Tuesday as continuing global crises kept investors cautious before the quarter's end.
Father of Java James Gosling joins Google; Will it provoke Oracle's Larry Ellison?
Father of Java James Gosling has joined Google, much to the dismay of Oracle CEO Larry Ellison, even as Google and Oracle slug it out over Java patent infringement lawsuit targeting Android.
Is Will Ferrell going to be hired full-time on “The Office?”
It was announced several weeks ago that actor Will Ferrell will guest star on the final four episodes of season seven of The Office.
Amazon Cloud Player Shuns iPhone, iPad
Support of iOS devices is a notable omission with Amazon's recently-announced Cloud Player
January home prices fall for 7th straight month: S&P
U.S. single family home prices fell for the seventh straight month in January, bringing prices to just above April 2009 lows, a closely watched survey said on Tuesday.
Corrected: Homebuilder Lennar swings to Q1 profit
Lennar Corp , the third-largest U.S. homebuilder, swung to a quarterly profit, mainly helped by higher margins.
McCormick profit beats market expectations
McCormick & Co posted a bigger quarterly profit as demand at its industrial business segment remained strong, and the spicemaker backed its 2011 outlook.
Homebuilder Lennar swings to profit
Lennar Corp , the third-largest U.S. homebuilder, swung to a quarterly profit, sending its shares up in premarket trading.
Stock futures point to slightly higher open, volume low
U.S. stock index futures pointed to a slightly higher open on Tuesday as many investors, cautious about global crises, bided their time before the quarter's end.
Oil down on Libya, Japan uncertainty
Oil prices slipped on Tuesday for a third consecutive day as rebels and government troops battled for supremacy in Libya and more bad news from Japan's stricken nuclear plant sapped investor confidence.
GE continues energy M&A spate with $3.2 billion deal
General Electric Co reached a $3.2 billion agreement to acquire a maker of automation systems used in the oil and gas sector, marking the latest in a series of deals in the energy industry.